The DOJ has seized about $15 billion worth of bitcoin from a massive “pig butchering” fraud operation based in Cambodia. The scammers allegedly ran forced-labor camps in Cambodia where slaves were forced to lure individuals into the scam.
CNBC reports that the DOJ has made history by seizing around $15 billion worth of bitcoin from cryptocurrency wallets owned by a man who allegedly ran a vast “pig butchering” scam operation in Cambodia. This seizure marks the largest forfeiture action ever undertaken by the DOJ.
Breitbart News has previously reported on big butchering scams, which often target Americans with the lure of crypto riches:
Pig-butchering scams frequently start with conversations about investments, usually involving cryptocurrency, and are initiated by someone posing as